Gold will become cheaper by 36 thousand rupees!

Gold Prices Surge to Rs 91,000 per 10 Grams; Future Decline Predicted by Analysts

Currently, the price of gold in the Indian retail market has crossed Rs 91,000 per 10 grams. In the last one year, the price of gold has jumped by 35 to 40 percent, and in 2025, gold has become costlier by about Rs 10,000.

American analyst firm Morningstar claims that gold prices have reached an all-time high, benefiting investors but increasing the burden on consumers. However, gold prices may fall sharply in the next few months. This fall is estimated to be more than 38%.

How Low Can the Price Go?

The price of 24-carat gold in Indian markets is currently around Rs 91,000 per 10 grams, and in the global market, it is above $3,100 per ounce. According to Morningstar, if there is a possible fall of about 40%, its price in India could drop to around Rs 55,000 per 10 grams. Morningstar strategist John Mills believes that gold prices may fall to $1,820 per ounce in the global market, which would be a significant decline.

What Will Be the Reason for This Decline?

The recent surge in gold prices has been due to economic uncertainty, inflation concerns, and geopolitical tensions. Investors turned to gold as a safe asset, especially amid the trade war that began during the tenure of former US President Donald Trump. Now, there are several factors that may bring these prices down.

Increasing Supply of Gold

Gold production has increased significantly. Mining profits reached around $950 an ounce in the second quarter of 2024. Global reserves have also increased by 9% to 2,16,265 tonnes, with Australia ramping up production. Additionally, the supply of recycled gold has also increased.

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